What percentage is charged as the Goods and Services Tax in Australia?

In Australia, the Goods and Services Tax (GST) is set at a rate of 10%. This tax is applied to most goods and services sold for domestic consumption, and it is collected by businesses on behalf of the government. When a consumer purchases a product or service, the price they pay includes this 10% GST, which businesses then remit to the Australian Taxation Office (ATO).

This rate has been established as a standard tax rate since the GST was introduced on July 1, 2000. It is important for individuals and businesses to be aware of this rate when pricing products and services, as it affects both the cost to consumers and the income generated for the government.

The other percentages provided do not reflect the current GST rate in Australia, as the GST has been consistently maintained at 10% since its inception, whereas the other options represent rates that could exist in different contexts or regions, but are not applicable to Australian GST.